This article appears courtesy of Institutional Investor
Source: InstitutionalInvestor.com
Derivatives exchange Eurex US's days could be numbered if it doesn't find an American partner, co-owner Deutsche Börse 's non-executive chairman warned this weekend. Kurt Viermetz told German newspaper Welt am Sonntag that the Frankfurt exchange is looking to team up with an American firm, but "if we don't find a company interested in this, then we would think about closure." Eurex US, a Chicago-based joint venture between Deutsche Börse and the Swiss Exchange, launched only last year, and Viermetz said that the expansion into the U.S. had hurt Deutsche Börse's image.